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Elasticity of Supply in Financial Formulas
Elasticity of Supply quantifies how much producers or suppliers adjust their quantity supplied in response to changes in price. And is denoted by E
S
.
Financial formulas that make use of Elasticity of Supply
f
x
Tax Incidence for Customers
Go
f
x
Tax Incidence for Producers
Go
f
x
Tax Burden for Customers
Go
f
x
Tax Burden for Suppliers
Go
FAQ
What is the Elasticity of Supply?
Elasticity of Supply quantifies how much producers or suppliers adjust their quantity supplied in response to changes in price.
Can the Elasticity of Supply be negative?
{YesorNo}, the Elasticity of Supply, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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